CNBC Daily Open: Alphabet spends more on AI — but also earns more from it
Publishing timestamp: 2025-07-24 02:30:01
Summary
Deutsche Bank beats earnings forecasts, Nasdaq closes above 21000 for first time. Alphabet announces increased spending on AI, but investors remain confident. Trump to visit Federal Reserve. Asia-Pacific markets mostly climb. Buzz around 'neocloud' companies specializing in AI cloud computing. Private credit industry focusing on Asia-Pacific due to widening funding gap.
Sentiment: MIXED
Tickers: TSLA, .SPX, .DJI, GOOGL, GOOG,
Keywords: alphabet class c, donald trump, alphabet inc, japan, business news, technology, markets, united states, s&p 500 index, tesla inc, dow jones industrial average, world markets,